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Polkadot Network (DOT)

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Polkadot is a revolutionary blockchain infrastructure designed to enable the next generation of the web where users control their own data and identity. It creates this infrastructure by providing a way to connect different, independent blockchains together in a single network, allowing them to interoperate, exchange data, and process transactions with the benefit of shared security provided by the Polkadot Relay Chain. It also allows interaction with non-blockchain systems and established blockchains such as Bitcoin and Ethereum. 

With a transaction speed of up to one thousand transactions per second, Polkadot solves the major problems that hampered blockchain adoption to date and enables blockchain applications from decentralized finance (DeFi) and energy to the Internet of things (IoT) and gaming. 

Polkadot is built using Substrate, a modular framework for building blockchains. Chains built with Substrate can easily connect to the Polkadot ecosystem. 

Polkadot is a project of Web3 Foundation.

Before being integrated into Polkadot, the technology can be tested on the experimental platform Kusama, which has been built with (almost) the same code.

DOT - the native Polkadot tokens - serve several functions. They: 

  • give holders a role in controlling the governance of the platform
  • are staked for operating the network
  • can be bonded for a parachains
  • can be used to pay fees within the network

Polkadot is the brainchild of Gavin Wood, co-founder and former CTO of Ethereum.


InvArch: A Bridge Between Ideas and Creation

29 Jul 2021 1 minute read 2 comments CryptoKota

Other blockchains have demonstrated great success in a variety of areas—Internet of Things (IoT), finance, governance, identity management, web decentralization, and asset-tracking to name some. As a result of these advancements, the world has determ...

Aspen Labs presents dCOLLECT, Hypersphere and dLEND

6 Jul 2021 3 minute read 0 comments Bitloca

Abstract Blockchain technology has developed quite significantly in recent years. At first, Satoshi adopted this technology for bitcoin, but along with the popularity of bitcoin and the development of the cryptocurrency market, blockchain technology...

When It Comes to Importance in Web3, Don't Forget The Graph (GRT)

8 Jul 2021 3 minute read 7 comments zacharias

8 July 2021:  The Graph (GRT) is a fundamental piece of the building blocks for Web 3.0, the next iteration of the internet.  As blockchain technology and cryptocurrencies continue to expand, the space is becoming increasingly coherent as it moves cl...

Kusama Coin (KSM): DOT's Blockchain Testnet

14 Jun 2021 4 minute read 5 comments MintDice.com

As the cryptocurrency world continues to grow, many blockchains are finding they don’t offer all the capabilities their customers desire. This has led to the creation of a large number of what is known as layer two solutions. But this has also sparke...

The First-Ever Polkadot & Kusama <> BSC Bridge Is Live On The Testnet!

1 Jul 2021 1 minute read 2 comments Equilibrium

We’ve done something really cool! We’re the first team in the crypto world to create and implement a Binance Smart Chain bridge on Kusama. It works with Polkadot too. This bridge will enable bi-directional asset transfers between BSC and Substrate-ba...

How to trade Polkadot (DOT)

20 Jul 2021 3 minute read 1 comment Michael Selge

 Polkadot (DOT) is a decentralized cryptocurrency platform for applications with a wide range of technological solutions. The startup seemed so interesting to investors and developers that soon after the launch, its token managed to take an honorable...

Polkadot, the King of Cross-chain Explained

27 Apr 2021 5 minute read 18 comments DigiFinex

1.What is Polkadot? Polkadot, a "heterogeneous blockchain" founded by Gavin Wood, former CTO of Ethereum, is an impeccable blockchain project that is perfect in every sense. Its founder, Gavin Wood, is the author of the Ethereum White Paper and the...

Let your IoT device spend some money. For your benefit

4 Mar 2021 3 minute read 1 comment Diana King

In 2019, a robot-artist Gaka-Chu first sold its drawing for cryptocurrency. Having received an order directly from a customer via a mobile app, it (or he/she then?) generated a picture for a reward in crypto to pay for electricity and paints. That is...

Efinity - A Polkadot Based Marketplace for NFTs

15 May 2021 1 minute read 0 comments Novasky

NFT market is getting hot lately. And ETH has managed to acquire a lot of small and large companies selling the digital items on it's ecosystem. Nobody thought that Polkadot could be getting it's own NFT marketplace. But that is now possible due to t...

DOGE got listed on Coinbase

5 Jun 2021 1 minute read 3 comments carlaincomin

Already a few days ago on June 1st Coinbase announced that DOGE will become tradable on their exchanges today. The announcement - of course - led to an euphoric jump in prices of nearly 50% from around 0.3$ to nearly 0.45$. I honestly don't know wha...